Marsh Parade, Newcastle under Lyme ST5 1 bed flat for sale

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Marsh Parade, Newcastle under Lyme ST5 1 bed flat for sale

Marsh Parade, Newcastle Under Lyme, Staffordshire, ST5
£100,000

Our Summary

  • Considering the purchase price and the potential rental income that could be earned in future years, this will make for a worthwhile addition to an investors property portfolio
  • For greater detail on this property's investment potential, please see the Let Property Pack linked below
  • INVESTMENT POTENTIAL DETAILED BELOW (Let Property Pack)
  • Investment potential detailed below (Let Property Pack)

Description

This 1-bedroom flat in Newcastle Under Lyme is a fantastic investment opportunity for those looking to expand their portfolio. The property is well-kept and features a comfortable bedroom, modern bathroom, welcoming reception room, and shared private parking. Currently, it generates an annual gross income of £8,100 with tenants already situated, making it a worthwhile addition to an investor's portfolio. The tenants have lived in the property for several years, consistently paying their rent, and have no plans to move out. With a potential rental income to be earned in future years, this property presents a rewarding investment opportunity for those looking to diversify their portfolio.